How does Zuck fully control Meta despite owning only 13.5% of it? Supervoting shares. For decades, stock structure has been treated as corporate law esoterica. I argue it has a social dimension too.
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The Founder Kings of Silicon Valley
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How does Zuck fully control Meta despite owning only 13.5% of it? Supervoting shares. For decades, stock structure has been treated as corporate law esoterica. I argue it has a social dimension too.